Showing 1 - 10 of 45
provide sanctioning institutions that effectively raise cooperation. The effectiveness of the institution, however, depends on …
Persistent link: https://www.econbiz.de/10011103304
Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions in alternative punishment networks. Our results show that...
Persistent link: https://www.econbiz.de/10010890961
This paper presents a methodology to study the identification of the content of focal points (Schelling 1960). This question is important for external validity and operationalising theories of decision making (e.g. team-reasoning and level-k). Choices implied by different concepts are mapped...
Persistent link: https://www.econbiz.de/10010571489
We study whether an altruistic preference can survive in competition with other preferences and investigate the relationship between the equilibrium proportion of altruism and equilibrium material and subjective welfare. Altruism survives whenever preferences are sufficiently observable....
Persistent link: https://www.econbiz.de/10010571490
We collect data from symmetric and asymmetric coordination games with a focal point and vary the stake size. The data show that in symmetric games coordination on the label-salient strategy increases with stake size. By contrast, in asymmetric games the coordination rates do not vary with stake...
Persistent link: https://www.econbiz.de/10011159137
We consider coordination situations with a conflict of interest, and experimentally vary the inefficiency of an equal earnings equilibrium, as well as the number of efficient and unequal earnings equilibria. We observe that equality, as long it is not extremely inefficient, remains very salient,...
Persistent link: https://www.econbiz.de/10010890958
Plott and Zeiler (2005) report that the willingness-to-pay/willingness-to-accept disparity is absent for mugs in a particular experimental setting, designed to neutralize misconceptions about the procedures used to elicit valuations. This result has received sustained attention in the...
Persistent link: https://www.econbiz.de/10010854410
We investigate whether a pure framing has any effect on the decisions made in a dictator game. We run a between subject dictator game with a giving and a taking frame whilst keeping the strategy space the same. Complying with the literature we find no overall difference in the amount allocated...
Persistent link: https://www.econbiz.de/10010937812
We present an experiment investigating the effects of having an individual identified as a singleton group. The presence of a singleton group reduces trustworthiness. The majority group members discriminate against the singled out group member when they are not responsible of the distinct status...
Persistent link: https://www.econbiz.de/10010570839
Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a largescale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, oneshot allocation tasks, allowing us...
Persistent link: https://www.econbiz.de/10010571478